By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The Arabian NewsThe Arabian NewsThe Arabian News
  • Home
  • Business
  • Exclusive
  • Technology
  • Wellness
  • Real Estate
  • Contact
Reading: Trump Ramps Up Trade War: Tariffs Aim at Chinese Ships in Six Months
Share
The Arabian NewsThe Arabian News
  • Politics
  • Pursuits
  • Business
  • Technology
  • Home
  • Business
  • Exclusive
  • Technology
  • Wellness
  • Real Estate
  • Contact
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
alt="Trump Ramps Up Trade War: Tariffs Aim at Chinese Ships in Six Months"
The Arabian News > World > Trump Ramps Up Trade War: Tariffs Aim at Chinese Ships in Six Months
World

Trump Ramps Up Trade War: Tariffs Aim at Chinese Ships in Six Months

admin
SHARE

Former President Donald Trump is raising the stakes on his trade fight with China by signing a new tariff on Chinese ships under so-called 301 petition. As part of an overall strategy for pushing back at what Trump considers “unfair trade practices,” the action will charge fees for ships sailing through American waters and having connections with China, with the fees in place in six months.

The move is made in increasing bipartisan pressure in Washington to curb U.S. economic dependence on Beijing. Trump says the tariff is required to safeguard American maritime interests, maintaining that Chinese shipping companies enjoy unfair subsidies and monopolize world freight routes to the disadvantage of U.S. commerce.

Opponents claim the charge could upset world supply chains and burden American importers already coping with inflation and delays in shipping. Industry observers warn that the policy could also spur retaliatory action by Beijing, threatening to worsen an already volatile trade environment.

Despite mounting concerns, Trump appears undeterred, saying, “We’re standing up for American workers and taking back control of our ports.” The tariff, if enforced, could reshape the dynamics of international maritime trade and deepen economic divisions between the world’s two largest economies.

 

You Might Also Like

Kerala Horrified as 23-Year-Old Man Murders Six, Including Girlfriend and Brother

25 People Are Hurt by a Rome Gas Station Explosion That Rocks the City in the Morning

Saudi Medical Co. IPO Soars: Priced at Top End Amid 64.7x Investor Oversubscription

Rain Turns Iran’s Hormuz Island Seas Bright Red in Surreal Natural Display

A federal judge has ruled against Elon Musk’s request to access U.S. Treasury data

TAGGED:Trump Ramps Up Trade War
Share This Article
Facebook Twitter Email Print
Previous Article alt="Beyond Racing: Vettel Accelerates Saudi Women's Dreams into High Gear" Beyond Racing: Vettel Accelerates Saudi Women’s Dreams into High Gear
Next Article alt="Laheq Island: Red Sea Global's First Luxury Residential Destination Revealed" Laheq Island: Red Sea Global’s First Luxury Residential Destination Revealed

Popular News

alt="liza-minnelli-faces-backlash-for-bold-ai-collaboration-on-new-track"
Liza Minnelli Faces Backlash For Bold AI Collaboration On New Track
Uncategorized
alt="british-pm-starmer-arrives-in-beijing-to-meet-chinese-president-xi"
British PM Starmer Arrives in Beijing to Meet Chinese President Xi
Uncategorized
alt="huda-al-hashimi-receives-the-rank-of-minister-in-new-uae-federal-decree"
Huda Al Hashimi Receives The Rank Of Minister In New UAE Federal Decree
Uncategorized
alt="separatist-bid-in-canadas-oil-hub-draws-watchful-eye-from-trump-allies"
Separatist Bid In Canada’s Oil Hub Draws Watchful Eye From Trump Allies
Uncategorized

Recent News

  • Tropical Cyclone Basyang Intensifies, Signal No. 1 Raised in Surigao del Sur
  • New Index Ranks Arab Cities’ Creative Power at World Government Summit 2026
  • Kuwait Deports 3,500 Expatriates In Major Crackdown On Residency Violations
  • The Philippine Congress Receives New Impeachment Complaints Against Top Leaders
  • Sharjah Police Foil Document Forgery Plot, Arrest Suspect At Typing Centre
The Arabian News

Quick Links

  • Home
  • Business
  • Real Estate
  • Contact

Featured Categories

  • Real Estate
  • Wellness
  • Politics
  • Economics

Find Us on Socials

© 2024 The Arabian News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?